Market Commentary

BSE Sensex closed at 18221.43 whereas Nifty ended at 5479.4 both the index settled at a gain of 1.24% and 1.31% respectively. BSE Midcap and Smallcap ended with a gain of 2.94% and 2.82% respectively. On the broader indices front the major gainer were Realty and FMCG which ended 3.19% and 3.04% higher respectively and those which lost ground are Oil & Gas down by -1.09%.

Contents
          ::  MARKET COMMENTARY
          ::  TOP STORIES OF THE WEEK
          ::  MARKET STATISTICS
          ::  LEARNING CENTER
          ::  RH in Media
Stock Pick

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From the CEO’s Desk

Markets retraced to 18k levels and have remained buoyant on the backdrop of encouraging US economic data. Sensex closed @ 18221, with no bad news lurking in the corner, markets are likely to scale new heights in the short – term. However, one cannot rule out the fact that it is getting over-heated and correction has been long due. On the upside 18575 | 18833 are key levels to watch, support levels are seen @ 18300 | 18000.